The AFRICAN DEVELOPMENT BANK ACT, 1983

Sections

Section 1 — Short title, extent and commencement.

(1) This Act may be called the African Development Bank Act, 1983.

(2) It extends to the whole of India.

(3) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.

Browse all 8 sections
  1. 1.Short title, extent and commencement.
  2. 2.Definitions.
  3. 3.Payments to Bank.
  4. 4.Reserve Bank to be depository for Bank.
  5. 5.Conferment of status and certain immunities, exemptions and privileges on Bank and conferment of certain immunities, exemptions and privileges on its officers and employees.
  6. 6.Power to make rules.
  7. 7.Notifications issued under section 5 and rules made under section 6 to be laid before Parliament.
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